Report Update Nov 1, 2024

Iraq - Coffee Extracts, Essences and Concentrates - Market Analysis, Forecast, Size, Trends and Insights

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Iraq: Coffee Extract Market 2024

Coffee Extract Market Size in Iraq

The Iraqi coffee extract market rose notably to $X in 2021, with an increase of 12% against the previous year. Over the period under review, consumption continues to indicate a strong expansion. Coffee extract consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Coffee Extract Production in Iraq

In value terms, coffee extract production rose notably to $X in 2021 estimated in export price. In general, the total production indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -11.5% against 2019 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 34% against the previous year. Coffee extract production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Coffee Extract Exports

Exports from Iraq

In 2021, after two years of growth, there was significant decline in shipments abroad of coffee extracts, essences and concentrates, when their volume decreased by -20.1% to X tons. In general, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 91% against the previous year. The exports peaked at X tons in 2020, and then dropped markedly in the following year.

In value terms, coffee extract exports declined sharply to $X in 2021. Overall, exports, however, showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 141% against the previous year. The exports peaked at $X in 2020, and then reduced markedly in the following year.

Exports by Country

Turkey (X tons) was the main destination for coffee extract exports from Iraq, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Turkey amounted to +16.4%.

In value terms, Turkey ($X) also remains the key foreign market for coffee extracts, essences and concentrates exports from Iraq.

From 2012 to 2021, the average annual growth rate of value to Turkey amounted to +20.6%.

Export Prices by Country

In 2021, the average coffee extract export price amounted to $X per ton, shrinking by -22.6% against the previous year. In general, the export price, however, posted temperate growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 56%. The export price peaked at $X per ton in 2020, and then fell notably in the following year.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2021, the rate of growth in terms of prices for Turkey amounted to +3.6% per year.

Coffee Extract Imports

Imports into Iraq

For the seventh year in a row, Iraq recorded growth in purchases abroad of coffee extracts, essences and concentrates, which increased by 5.5% to X tons in 2021. Over the period under review, imports posted a prominent increase. The growth pace was the most rapid in 2015 when imports increased by 52% against the previous year. Imports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, coffee extract imports totaled $X in 2021. Overall, imports posted a prominent expansion. The pace of growth was the most pronounced in 2019 when imports increased by 40% against the previous year. Imports peaked in 2021 and are likely to see steady growth in years to come.

Imports by Country

Turkey (X tons), the United Arab Emirates (X tons) and Jordan (X tons) were the main suppliers of coffee extract imports to Iraq, together accounting for 74% of total imports. Indonesia, India and Malaysia lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +72.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Turkey ($X), the United Arab Emirates ($X) and Jordan ($X) were the largest coffee extract suppliers to Iraq, together accounting for 67% of total imports.

The United Arab Emirates, with a CAGR of +59.6%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average coffee extract import price stood at $X per ton in 2021, growing by 6.6% against the previous year. Over the period under review, the import price, however, showed a pronounced slump. The pace of growth was the most pronounced in 2019 an increase of 13%. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Malaysia (+4.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for coffee extracts, essences and concentrates in the world?

The countries with the highest volumes of coffee extract consumption in 2021 were China, the United States and the Philippines, together comprising 31% of global consumption.

What are the largest producers of coffee extracts, essences and concentrates in the world?

The countries with the highest volumes of coffee extract production in 2021 were China, the United States and Indonesia, together comprising 32% of global production.

What are the leading suppliers of coffee extracts, essences and concentrates to Iraq?

In value terms, the largest coffee extract suppliers to Iraq were Turkey, the United Arab Emirates and Jordan, together comprising 68% of total imports.

What are the leading importers of coffee extracts, essences and concentrates from Iraq?

In value terms, Turkey remains the key foreign market for coffee extract exports from Iraq.

What is the average export price for coffee extracts, essences and concentrates in Iraq?

The average coffee extract export price stood at $7,045 per ton in 2021, standing approx. at the previous year.

What is the average import price for coffee extracts, essences and concentrates in Iraq?

In 2021, the average coffee extract import price amounted to $4,032 per ton, reducing by -15.4% against the previous year.

This report provides an in-depth analysis of the coffee extract market in Iraq. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 10831210 - Coffee substitutes containing coffee
Prodcom 10831240 - Extracts, essences and concentrates, of coffee, and preparations with a basis of these extracts, essences or concentrates or with a basis of coffee

Country coverage:

Iraq

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Iraq
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023